New York City votes to cap Uber, Lyft vehicle licenses

New York City votes to cap Uber, Lyft vehicle licenses

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-uber-new-york/new-york-city-votes-to-cap-uber-lyft-vehicle-licenses-idUSKBN1KT2M3

The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber for one year, dealing a blow to the companies that have relied on the largest U.S. metro area for a major source of their revenue.